Stocks

De Grey Mining Agrees to be acquired by Northern Star Resources

January 21, 2025 12:34 PM AEDT| By Team Kalkine Media

Highlights,Northern Star Resources Acquisition:,De Grey Mining agreed to be acquired by Northern Star Resources through a Scheme of Arrangement.,Financial Position:,Cash reserves of $786 million at the end of December, with a planned senior debt faci...

Australian Banking Stocks: Valuation Insights and New Ratings

January 21, 2025 12:31 PM AEDT| By Team Kalkine Media

Highlights,ANZ (,ASX:ANZ,) and NAB (,ASX:NAB,) upgraded due to positive earnings potential.,Short-term margin improvements and a stable economy influence,forecasts,.,Commonwealth Bank (,ASX:CBA,) and Westpac (,ASX:WBC,),maintain,lower ratings amid se...

Alkane Resources Discovers High-Grade Gold at Tomingley Operations

January 21, 2025 12:31 PM AEDT| By Team Kalkine Media

Highlights,Significant Gold Intercepts:,Drilling at Tomingley Gold Operations identified high-grade gold intercepts, with grades exceeding 5 grams per tonne (g/t) in certain areas.,Underground Mining Potential:,Exploration beneath the San Antonio dep...

Liontown Resources Shares Surge 11.1% on Strong Production and Revenue Growth

January 21, 2025 12:25 PM AEDT| By Team Kalkine Media

Highlights,Share Performance:,Liontown Resources shares jumped 11.1% to AU$0.70, making it the top gainer on the ASX 200.,Production Growth:,Spodumene concentrate production surged over threefold to 88,683 dry metric tonnes in Q2.,Revenue Boost:,Reve...

Insurance Australia Group Shares Hit Multi-Year High as Broker Issues Positive Forecast

January 21, 2025 12:20 PM AEDT| By Team Kalkine Media

Highlights,IAG Hits New High:,Shares of Insurance Australia Group hit a multi-year high of AU$8.74 on Tuesday, marking a 0.81% increase.,Morgan Stanley’s Positive Outlook:,Analyst Andrei Stadnik forecasts continued, though reduced, profit growth and...

ASX 200 Energy Shares Shine: Deep Yellow and Yancoal Surge Following Positive Announcements

January 21, 2025 12:15 PM AEDT| By Team Kalkine Media

Highlights,Deep Yellow Shares Up 2%:,The uranium developer’s strong cash position and positive outlook on global nuclear demand boost investor confidence.,Yancoal Shares Rise 6%:,Coal miner's solid FY 2024 performance and increased cash balance make...

Australian Shares Gain as Miners and Financials Lead the Rally

January 21, 2025 12:12 PM AEDT| By Team Kalkine Media

Highlights,S&P/ASX 200 up 1%:,The index reached 8,433.8, driven by financials and miners.,Inflation Data in Focus:,Investors are awaiting December and Q4 inflation figures next week for signs of interest rate direction.,Miners and Financials Outperfo...

Core Energy Minerals Signs Option Agreements for Two Uranium Projects in South Australia

January 21, 2025 12:07 PM AEDT| By Team Kalkine Media

Highlights,Core Energy acquires options for two uranium projects:,Core Energy has secured binding option agreements to acquire up to 100% interest in the,Cummins,and,Harris Greenstone,uranium projects.,Projects cover over 2,300 km²:,The projects are...

Respiri Acquires Orb Health Inc. to Strengthen U.S. Market Position

January 21, 2025 12:04 PM AEDT| By Team Kalkine Media

Highlights,Acquisition of Orb Health:,Respiri has successfully acquired,Orb Health Inc.,for,US$9 million,in shares, marking a significant milestone in its expansion into the,U.S. connected and chronic care health market,.,Additional investment from O...

South32 (ASX:S32) Outshines December Quarter Production Expectations

January 21, 2025 11:47 AM AEDT| By Team Kalkine Media

Highlights,South32 (,ASX:S,32) posts higher production for,December,quarter.,Aluminium,and copper output exceeds market expectations.,Cannington mine sees a significant boost in zinc, silver, and lead production.,South32 (ASX:S32) shares rose signifi...

Wesfarmers’ Digital Shift: Spotlight on (ASX:WES) as Catch Winds Down

January 21, 2025 11:46 AM AEDT| By Team Kalkine Media

Highlights,Wesfarmers (,ASX:WES,) announces plans to end Catch by FY25.,E-commerce capabilities to be reallocated within the company.,Transition to strengthen omnichannel offerings and customer value.,Wesfarmers (ASX:WES) has made headlines with its...

Lumos Diagnostics (ASX:LDX) Shares Up 31%, Business Prospects Need Improvement

January 21, 2025 11:36 AM AEDT| By Team Kalkine Media

Lumos Diagnostics (ASX:LDX) Shares Up 31%, Business Prospects Need Improvement

Insiders Forfeit AU$265k with Emyria Stock Declining to AU$0.03

January 21, 2025 11:35 AM AEDT| By Team Kalkine Media

Insiders Forfeit AU$265k with Emyria Stock Declining to AU$0.03

Over the past five years, investors in EVT (ASX:EVT) have observed a decline in both the company's earnings and their own investments.

January 21, 2025 11:35 AM AEDT| By Team Kalkine Media

Over the past five years, investors in EVT (ASX:EVT) have observed a decline in both the company's earnings and their own investments.

Understanding Agrimin’s (ASX:AMN) Cash Burn and Future Growth Potential: Should Investors Be Concerned?

January 21, 2025 11:34 AM AEDT| By Team Kalkine Media

Will Agrimin (ASX:AMN) Make Wise Use of Its Funds?

Why Lynas Rare Earths (ASX:LYC) Stands Out Despite High P/E Ratio

January 21, 2025 11:34 AM AEDT| By Team Kalkine Media

Highlights:,Lynas Rare Earths (,ASX:LYC,) boasts a P/E ratio significantly higher than market norms.,Earnings declined but projected growth offers an optimistic outlook.,Analysts forecast 94% annual growth over the next three years.,Lynas Rare Earths...